On the basis of range, the 3D radar market is categorized into long range, medium range and short range. Among all these segments, medium range segment is anticipated to witness the fastest growth during the forecast period. These 3D radars are observing extensive applications in the defense domain and provide real-time information for surveillance resolutions without relying upon high pounding classifications.

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Based upon platform type, the 3D radar market across the globe is segmented into the ground, airborne and naval. Among all these segments, ground segment is anticipated to witness the fastest growth during the forecast period due to the increasing utilization of ground 3D radar to provide real-time information, threat evaluation, tactical surveillance and situational responsiveness are the key factors pertaining towards the growth of ground-based 3D radar thereby bolstering the growth of 3D radar market across the globe.

The emergence of electronic warfare and network-centric warfare techniques, increasing development of ballistic missile and increasing deployments of UAVs are the major factors that are driving the growth of the 3D radar market across the globe. Due to the latest developments in the technology, there have been upgradations in the warfare techniques for these techniques the 3D radars are used.

North America is the largest 3D radar market, globally due to the increasing deployment of ballistic missiles and increasing utilization of UAVs in this region.

Asia-Pacific is anticipated to witness the fastest growth during the forecast period due to increasing developments in security standards and the increasing surveillance and monitoring of global threats.

Key players in 3D radar market are implementing acquisition activities in order to provide new capability to its users. For instance, in 2017 Thales had acquired Aveillant in order to enhance its product portfolio and gain competitive edge. Some of the key players in the 3D radar market across the globe include ASELSAN A.S., Northrop Grumman Corporation, Raytheon Company, Honeywell International Inc., Harris Corporation, Thales Group, SAAB Group, Rheinmetall AG, ELTA Systems Ltd, Airbus Defense and Space, and BAE Systems Plc.

Source: VynZ Research